Tax bills offers savings, but how much?
Legislation to rein in property tax collections would have slowed the pace of property tax increases in three Central Texas cities had the measures been in place since 2013, but taxes still would have increased every year, an American-Statesman analysis has found.
Read More‘A lot of upset Texans’: How much property tax relief should you expect? Not much, experts say
AUSTIN — GOP leaders in the Texas Legislature said this is the year they would finally deliver property owners the tax relief they’ve been demanding. First, lawmakers passed legislation that slows how fast property tax bills rise. They called it one of the most transformational tax changes the Legislature has ever passed.
Read MoreAhead of 2020, Texas Republicans take a risk with sales tax swap plan
Gov. Greg Abbott and other Republican leaders want to ask voters in November whether to dedicate a one percent hike in the sales tax to raise billions for buying down property taxes.
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